Woolwich resident says petrol prices are 'astronomical'
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Using the latest data from GlobalPetrolPrices, experts at Select Car Leasing have analysed fuel costs from the 50 largest GDP countries to calculate how far drivers could travel on £50 worth of petrol while driving a 2014 Ford Fiesta with 1.0 litre engine and 62.8 mpg.
The analysis showed that while the UK is not in the top five most expensive countries, its petrol rates came in the bottom 14 percent (43rd) with petrol costing £1.74 per litre.
As a result, drivers taking one of the country’s most famous routes – Land’s End to John o’Groats – using UK fuel rates, wouldn’t even make half the journey (45 percent) on a £50 tank of fuel.
The whole journey would cost motorists over £100 using the current petrol rates.
Comparatively, US drivers taking the route from Cornwall to Scotland in a 2014 Ford Fiesta could complete the journey on just £58 worth of fuel, if using the US fuel rate (£0.92 per litre).
The USA performed well in the study, with petrol prices appearing in the top quarter cheapest in the world (13th).
With low tax on its fuel (18.3 cents per gallon), the US can charge motorists less than a dollar per litre, a total of £38.64 to fill a tank.
US motorists could even drive the infamous Route 66 (2,400 miles) on just £136 worth of fuel.
To put this into perspective, driving the same route on UK petrol prices would cost over double (£303).
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Hong Kong posts the highest global fuel prices, with a litre of petrol costing £2.48, which is over 6,100 percent higher than Iran (the cheapest country).
This means a driver from Hong Kong would need to spend £159 to make the 874-mile journey from Land’s End to John o’Groats.
European countries dominate the top five most expensive petrol prices, with Switzerland, Norway, Finland, and Denmark takings spots two to five respectively.
Switzerland has the second most expensive fuel prices in the study – £1.90 per litre – with high tax levies to blame for Europe’s extreme petrol prices.
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In fact, £50 would only enable Swiss drivers to complete 41 percent of the Land’s End to John o’Groats route.
Motorists in Iran will rejoice as they can travel over 15,600 miles on £50 worth of petrol as fuel is priced as little as £0.04 per litre on average, costing motorists a mere £1.85 to fill up their tank.
Iran offers the highest amount of energy subsidies in the world, which has allowed the Government to provide businesses and individuals with low fuel costs for the last 40 years.
Such low rates could see motorists complete the Land’s End to John o’Groats journey for just £2.78.
Iranian motorists could also travel from Iran to the UK three times over and still have over 3,000 miles left in the tank on £50 of fuel.
Nigeria, Malaysia, Egypt, and Colombia complete the top five countries with the lowest petrol rates.
Speaking about the issue, Graham Conway, Managing Director at Select Car Leasing, warned drivers about the high prices.
He said: “The results of our latest data analysis really emphasise the size of the gap in fuel prices across the world.
“While fuel prices in the UK have started to fall in recent weeks, offering a sliver of relief for UK motorists, petrol remains 12 percent more expensive than a year ago.”
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